not the most intelligent that survives.
It is the one that is most adaptable to change.
The formation known as the V-reversal, or spikes in the American way, is very difficult to detect in its formation due to its special characteristics.
It is a formation which, unlike the others, inverts with violence and strong volumes in a bullish or bearish the ongoing trend. It leaves no room for hesitation because the speed of the movement is impressive. It is often found at the end of strong rising or falling movements overextended by news, uncontrolled euphoria or panic-selling.
Often this training is accompanied by key reversal or island formation with huge volumes; this is the first sign of the creation of the V-reversal training. What makes the work of the analyst technical even more difficult is the almost total lack of support or resistance levels that are absent exactly because it comes from phases of euphoria or panic. Often it is found together with the formation of one or more price gaps.